JSG “on track to deliver management expectations”

4 May 2017


UK

Johnson Service Group (JSG), the UK textile rental provider, has confirmed that the group remains on track to deliver management expectations for the year, in an AGM statement issued on 4 May 2017.

Chairman, Paul Moody said: “Following strong results in 2016, trading in the first quarter of 2017 is progressing well and the group remains on track to deliver management expectations for the year.

“Our £4.5m investment at London Linen’s Southall plant, which started in August 2016, has recently been completed, and we have also finished a £3.5m refit at our Chester plant. These investments provide us with additional capacity in two strategically important locations and will also improve productivity at both sites.

“With the disposal of the retail drycleaning operations in early January, the group is now wholly focused on the further expansion of its textile rental activities and the board views prospects for the group’s ongoing development very positively.”

 



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